Luxury conglomerate LVMH is trying to clear a path that would allow billionaire Bernard Arnault to stay at the helm for nearly another decade — until he’s 85. Shareholders in the company – which owns high-end brands like Louis Vuitton,

Bernard Arnault, 76, could remain at the helm of the world's largest luxury group LVMH until he's 85 if shareholders back a company proposal at its annual shareholder meeting on April 17. Investors in LVMH,

The French luxury conglomerate proposed changing its bylaws, to raise the age limit of its chairman and CEO to 85.